The Unknown Advisor is an investment advisory representative for a registered investment advisor in Florida. This blog is not about selling. It's about general investment information, about what has worked, over time in investing. Asset allocation, for example, has worked. Because certain things have worked, they are likely to work in the future. Feel free to email me questions.

Sunday, August 12, 2007

So, is it a fair question, if your portfolio was down last week, was it largely Goldman's hedge fund's selling to raise cash that did it for you? Presumably, anticipating big redemptions, with Global Alpha now down something like 33 percent, perhaps more, over last year and this YTD, and since there is now rather limited demand for subprime-"backed" debt, needing to sell genuinely marketable securities, down, down, we go.